Birla Sun Life Mutual Fund (BSLMF) one of the leading Mutual Fund houses in India, is celebrating completion of 15 years of wealth creation. Since its inception, the fund house has offered funds to its investors that have created wealth for them consistently and has registered impressive growth in terms of business (asset under management).
In the previous few years, a recently discovered way of playing the stock market has emerged. Ignoring the standard knowledge of buy low, sell high, hot stocks employs a different system of gaining high returns on investments. Buy high and sell higher is the concept behind hot stocks. It’s a strategy that is’s working for many financiers. It’s a hit and run approach to investing.
If you get into a stock early in the day and the market keeps going in your favor, should you keep that stock overnight? What about over the weekend? By nature, these questions only apply to money making trades. Getting hit with a loss overnight is strictly for losers.
It is surprising just how many people keep asking expert traders what the key to succeeding with trading for a living is. As a matter of fact, people that are sick of their jobs and having to answer to bosses are the ones that are the most in need of help with learning how to earn money from trading. This is understandable because if you are serious about making a lot of money then working at a regular job represents the worst option and in addition it is also a very inefficient way of making money.
Have you thought about day trading for a living at some point in your life? If you’ve ever thought of this, then your reasoning is probably quite sound. Money has little to do with life, though it does make for good situations, and in some cases more happiness. If you decide to go with day trading for a livign, then you will find that you have plenty of money to spare!
There has been a growing interest in forex trading ever since the introduction of automated systems became commonplace and accessible. Today this market is attracting small and medium investors so banks and other financial establishments are no longer the only players. Well this is where currency of one country is traded with that of another country. This makes it one of the most dynamic financial markets of the world.
To buy options, or sell them?
Normally, we link trading with purchasing a product, bringing it home or to our business premises, and then selling it. Similarly, we buy stocks and shares in the stocks and shares market, keep them until their value improves and then sell them off.
Many good trading systems use multiple exit strategies. In normal trading system, you need to know when to exit from a gain, and when to exit from a loss. Generally you want to be cutting your profits short, and letting your profits run. At a minimum, you generally want nearly a 3:1 gain to loss. This means you should take profits at 3 times the percentage amount as you cut your losses short. We will use this system and do the following